Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12497 Leopard St Corpus Christi, TX 78410-4103
    Back to Search
    Property profile & analytics

    12497 Leopard St, Corpus Christi, TX 78410-4103

    View on Map
    • Specialty properties
    • 6,445 SF
    • 1.09 lot acres
    Off-Market
    Last Sale Apr 29, 2020
    Property ID
    US82-3607911
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sawyer-George Funeral Home / Social Service Agency

    Property Details for 12497 Leopard St

    Year built
    1986
    Lot size
    1.09 lot acres
    Property type
    Specialty properties
    APN
    2386-0001-0010
    APU
    238600010010

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 29, 2020 — Legacy Panhandle Holdings LLC Sawyer-george Leasing Co Warranty Deed $1.7M · Miscellaneous Ins Co

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Corpus Christi
    County
    Nueces
    State
    Texas
    Longitude
    -97.6093
    Latitude
    27.8586
    CBSA code
    18580
    CBSA name
    CORPUS CHRISTI, TX METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,391
    $118,700
    $877,308
    $996,008
    -
    $118,700
    $877,308
    $996,008

    Comparable in this City

    • Value Estimation by Request
      6,324 SF

      11027 Leopard St

      VETERINARY, ANIMAL HOSPITAL
      11027 Leopard St, Corpus Christi, TX 78410-2611
      View Details
    • Value Estimation by Request
      1,692 SF

      12030 Leopard St

      CHARITABLE ORGANIZATION
      12030 Leopard St, Corpus Christi, TX 78410-3424
      View Details
    • Value Estimation by Request
      1,200 SF

      14446 Nwnw Blvd

      VETERINARY, ANIMAL HOSPITAL
      14446 Nwnw Blvd, Corpus Christi, TX 78410-5508
      View Details
    • Value Estimation by Request
      2,500 SF

      15125 Nwnw Blvd

      VETERINARY, ANIMAL HOSPITAL
      15125 Nwnw Blvd, Corpus Christi, TX 78410-5732
      View Details
    • Value Estimation by Request
      5,500 SF

      15125 Nwnw Blvd

      VETERINARY, ANIMAL HOSPITAL
      15125 Nwnw Blvd, Corpus Christi, TX 78410-5732
      View Details
    • Value Estimation by Request
      1,926 SF

      4133 Violet Rd

      VETERINARY, ANIMAL HOSPITAL
      4133 Violet Rd, Corpus Christi, TX 78410-3140
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      14,750 SF

      Corpus Christi Specialty Property

      Specialty property available for sale in Corpus Christi, Texas.
      14702 Northwest Blvd, Corpus Christi, TX 78410
      View Details
    • Contact for pricing
      8,800 SF

      KinderCare Investment Opportunity in Texas

      Single-tenant KinderCare in Corpus Christi with a new 15-year lease.
      15109 Northwest Blvd, Corpus Christi, TX 78410
      View Details
    • $1,965,000
      604,613 SF

      IH-37 Corpus Christi Multifamily Land

      13.88 Acres, Redevelopment Opportunity, High Potential.
      0 I-37, Corpus Christi, TX 78410
      View Details
    • $4,100,000
      9,418 SF

      Corpus Christi Warehouse Investment

      9,418 SF Warehouse, High Traffic Area
      4402 I-69 Access Rd, Corpus Christi, TX 78410
      View Details
    • Contact for pricing

      Prime Commercial Land Near School

      1.16 acres of commercial land near Calallen Highschool.
      4102 Wildcat Dr, Corpus Christi, TX 78410
      View Details
    • $76,000
      0.71 Acres

      Residential Lot in Calallen Area

      Spacious lot in a quiet cul-de-sac, ideal for building.
      4618 Nuecestown Rd, Corpus Christi, TX 78410
      View Details

    Similar Nearby for Lease

    • $600 /Mo
      7,924 SF

      Corpus Christi Flex Space Available

      Flex space near major highways, suitable for various business uses.
      10236 Leopard St, Corpus Christi, TX 78410
      View Details
    • Contact for pricing

      New Retail Center on Northwest

      New retail spaces available in high-traffic Corpus Christi location.
      14702 Northwest Blvd, Corpus Christi, TX 78410
      View Details
    • Contact for pricing

      Remodeled Freestanding Commercial Building

      Remodeled commercial building featuring office suites, restrooms, and break room.
      10308 Leopard St, Corpus Christi, TX 78410
      View Details
    • $500 /Mo
      7,924 SF

      Affordable Flex Space Near I-37

      Flex space ideal for light industrial or commercial business.
      10236 Leopard St, Corpus Christi, TX 78410
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Regional Center

      Regional shopping center with strong tenants and highway access.
      4101 Interstate Highway 69 Access Rd, Corpus Christi, TX 78410
      View Details
    • Contact for pricing
      19,974 SF

      Retail Space in Corpus Christi

      Retail spaces available in a busy Corpus Christi shopping center.
      9800 Leopard St, Corpus Christi, TX 78410
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12497 Leopard St
    Corpus Christi, TX 78410-4103
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12497 Leopard St, Corpus Christi, TX, 78410
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!